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ECB's Lagarde backs measured rate hikes against inflation

Original: Measured ECB hikes to quell inflation remain appropriate, Lagarde says

European Central Bank President Christine Lagarde said the bank's policy of measured interest rate hikes remains appropriate to bring inflation back to target. Her comments, picked up by Reuters and financial outlets, signal the ECB will keep tightening gradually rather than pause or accelerate, as policymakers weigh persistent price pressures against slowing growth in the eurozone.

Why now: Investors and policymakers are watching ECB signals closely amid ongoing eurozone inflation concerns and uncertainty over future rate decisions.

Christine LagardeEuropean Central Bankeurozone

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Evidence

• Measured ECB hikes to quell inflation remain appropriate, Lagarde says · Merced Sun-Star
• Measured ECB hikes to quell inflation remain appropriate, Lagarde says · Reuters
• Measured ECB hikes to quell inflation remain appropriate, Lagarde says · Yahoo Finance

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